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Open-access tool of linked electricity market models: Deliverable D4.8

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ABSTRACT: For a holistic understanding and simulation of the energy markets, many different aspects need to modelled properly. Often no single modelling tool offers the whole picture, but a combination of methods needs to be used. A model linkage platform has been chosen previously and this deliverable describes the integration of the modelling tools used in TradeRES to the linking application, Spine Toolbox. Spine Toolbox was used to build data processing and execution workflows around the energy system modelling tools Backbone, AMIRIS, EMLab, COMPETES, RESTrade and MASCEM. The aim is to integrate selected tools together for answering the research questions in the TradeRES project. The integrations of individual tools and some combinations are described in this document. Mostly, the work is still in progress. Also, a common database to serve the case studies has been created, but populating the database with scenario data is still in progress. A common data model to serve all the modelling tools has been created and the database is implemented using Spine Toolbox.

Description

Project TradeRES - New Markets Design & Models for 100% Renewable Power Systems: https://traderes.eu/about/

Keywords

Open access markets Electricity markets Agent-based modeling

Citation

Rinne, Erkka... [et.al.] - Open-access tool of linked electricity market models: Deliverable D4.8. Project report of WP4 - Development of Open-access Market Simulation Models and Tools, Deliverable nº D4.8. VTT Technical Research Centre of Finland, 2021, 18 pp.

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CC License